Ibrahim Lari, chief executive of Abu Dhabi-based Injazat Data Systems, said the Middle East will see spending of $50bn in 2009 in IT, with the Gulf region spending about $12bn. He also predicted double digit growth in the sector by 2012 at the latest. IT spending in the Middle East in 2008 was almost $50bn, up from around $30bn in 2007, he said.
You might also like...
TotalEnergies to acquire remaining 50% SapuraOMV stake
26 April 2024
Hyundai E&C breaks ground on Jafurah gas project
26 April 2024
Abu Dhabi signs air taxi deals
26 April 2024
Spanish developer to invest in Saudi housing
26 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.